Listed by Matt J. Harris, COMPASS, (253) 987-1778
1602 172nd Street E
Spanaway, WA 98387
(on 0.87 acres)
Local Information
-- mins to
Description
0.87-acre infill development site in the heart of Spanaway, one of Pierce County’s growing residential corridors. Zoned NCOR (Neighborhood Corridor), the property benefits from a density range designed to support efficient residential development, with an allowable range of 24 to 40 dwelling units per acre. Conceptual planning supports Twelve 3-story stacked duplexes, plus conversion on the existing house to a duplex, creating a total concept of 26 units. The proposed stacked duplex includes ground floor one bedroom suites and larger two level upper suites. The compact building design is intended to help control construction costs, improve site efficiency, and maximize flexibility. Qualifying residential projects may benefit from Pierce County housing incentives, including expedited review pathways, waived or reduced fees, and site design flexibility, subject to County eligibility and approval. With continued demand for attainable housing and a limited supply of infill land, the site presents a compelling opportunity for developers to deliver a product aligned with today’s market. Its manageable size supports efficient site planning, lower development complexity, and a potentially faster path from acquisition to execution. The combination of NCOR zoning, infill scarcity, conceptual 26-unit planning, and housing demand makes this an attractive opportunity for builders seeking a well-located residential development site in the South Sound.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
23 days ago
Last check for updates: about 24 hours ago
Listing courtesy of Matt J. Harris
COMPASS
Source: NWMLS as distributed by MLS GRID, MLS#2540752

Home Details for 1602 172nd Street E
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MLS Status: Active |
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Appliances & Utilities Utilities: Electricity Connected, Septic Design Installed |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: On PropertyGas: Not AvailableHas Electric on Property |
View No View |
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Parking & Garage No Carport |
Frontage Road Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Available, In Street, Septic Design Installed |
Farm & Range Does Not Include Irrigation Water Rights |
Surface & Elevation Topography: LevelElevation Units: Feet |
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Cumulative Days on Market: 14Days on Market: 23 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved LandArchitecture: Res-Less thn 1 Ac |
Property Information Usage of Home: ResidentialParcel Number: 3256000180 |
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Price List Price: $800,000 |
Status Change & Dates Possession Timing: Negotiable, See Remarks |
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Direction & Address City: SpanawayCommunity: Spanaway |
School Information Elementary School: Buyer To VerifyJr High / Middle School: Buyer To VerifyHigh School: Buyer To VerifyHigh School District: Bethel |
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Listing Agent Listing ID: 2540752 |
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Not Senior Community |
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HOA Fee: No HOA Fee |
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Lot Area: 0.87 acres |
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Special Conditions: Standard |
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Listing Terms: Conventional |
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Mls Number: 2540752Offer Review: Seller intends to review offers upon receiptShowing Requirements: Appointment Only, Call Listing Office, See Remarks |
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Internet Entire Listing Display YN C |
Market trends in Spanaway
Last updated June 2026
Avg. sale price
$503K
$6.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$294
$3MoM
Available listings
175
18MoM
Price History for 1602 172nd Street E
| Date | Price | Event | Source |
|---|---|---|---|
| 06/19/2026 | $800,000 | Listed For Sale | NWMLS as distributed by MLS GRID #2540752 |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $6,980 |
| Assessment | $614,700 |
Home facts updated by county records
Comparable Sales for 1602 172nd Street E
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.11 | Lot/Land | $2,600,000 | 02/15/26 | - | - | ||
1.55 | Lot/Land | $285,000 | 11/14/25 | - | - | ||
2.24 | Lot/Land | $210,000 | 07/15/25 | - | - | ||
2.32 | Lot/Land | $161,000 | 09/25/25 | - | - | ||
2.03 | Lot/Land | $130,000 | 08/01/25 | - | - | ||
2.57 | Lot/Land | $80,000 | 12/05/25 | - | - | ||
2.39 | Lot/Land | $200,000 | 12/18/25 | - | - | ||
2.92 | Lot/Land | $445,000 | 08/14/25 | - | - | ||
3.16 | Lot/Land | $199,000 | 01/29/26 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1602 172nd Street E.
What Locals Say about Spanaway
At least 357 Trulia users voted on each feature.
90 % Say car is needed
84 % Say yards are well-kept
84 % Say parking is easy
75 % Say it's dog friendly
73 % Say there's holiday spirit
67 % Say kids play outside
57 % Say it's quiet
50 % Say neighbors are friendly
45 % Say there's wildlife
42 % Say there are sidewalks
37 % Say it's walkable to grocery stores
37 % Say people would walk alone at night
35 % Say they plan to stay for at least 5 years
25 % Say streets are well-lit
22 % Say it's walkable to restaurants
18 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Matt J. Harris, COMPASS

Based on information submitted to the MLS GRID as of 2026-07-11 01:04:49 PDT. All data is obtained from various sources and may not have been verified by broker or
MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by
the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information
1602 172nd Street E, Spanaway, WA 98387 is a lot/land. This property is currently available for sale and was listed by NWMLS as distributed by MLS GRID on Jun 19, 2026. The MLS # for this home is MLS# 2540752.